“The number of Minnesota solar projects stalled due to delays by Xcel Energy has ballooned to more than 300, with a backlog of applications that solar industry leaders say will take decades to clear at the utility’s current pace. In one case in central Minnesota, Xcel told a customer they would have to wait … [Read more…]
September 1, 2021 Zoning Board of Adjustments “Gloversville ZBA delays ruling on Pine Brook solar farm” The Leader Herald newspaper article June 5, 2021 Zoning Board of Adjustments “Proposed solar project in Gloversville seeks zoning variance” Schenectady Gazette March 12, 2021 Zoning Board of Adjustment “Solar developers seek way around Gloversville council rejection … [Read more…]
“On November 8, 2019, NY Green Bank (“NYGB”) provided a 24-month senior secured $2.5 million bridge loan facility (the “Bridge Loan”) to Eden Devco Borrower LLC (“Borrower”), which is owned by Eden Devco LP (“Sponsor”), a limited partnership that is managed by Eden Renewables LLC (“Eden”). On March 31, 2020, NYGB increased the Bridge … [Read more…]
” The NY Green Bank registered USD 117.5 million (EUR 108.4m) of clean energy investments in the fourth quarter of 2019, its strongest quarter in terms of financing commitments. NY Green Bank is focused on supporting investment in renewable energy and energy efficiency projects, in line with the state’s goal to source 70% of … [Read more…]
“$2.5 Million Bridge Loan to Eden Renewables – Supporting the Deployment of Community Solar Projects NY Green Bank’s $2.5 million bridge loan to Eden Renewables will finance the deposits made to National Grid to secure interconnection rights for a portfolio of community distributed generation solar projects in New York State. This transaction is expected … [Read more…]
“Representatives of Eden Renewables, a solar energy company, met with Glen Supervisor John Thomas, Town Board member Russell Kelly Jr., and Timothy Reilly, the chairman of the Glen planning board, for an informal discussion about the proposed project on Monday morning. Eden Renewables is looking to build two community solar energy facilities, with each … [Read more…]